MMR Blog

MMR Community Newsletter

Posted on December 11, 2014 Comments (0)

Racing Alternatives

Toyota Endurance

Fed up with F1 blather? Maybe it’s time to take a closer look at another series in 2015. The World Endurance Championship (WEC) the purview of Audi in recent years and before them Porsche, was won in 2014 by Toyota. While everyone was keen on watching the two German giants fight it out, the Japanese giant won. They won at Silverstone, Spa, Fuji, Shanghai and finished second at Le Mans behind the winning Audi. Not bad for the guys nobody looked at after Porsche announced they would compete. Audi was second and Porsche was a close third. Next year Nissan join the fray in LMP1. Former F1 drivers Anthony (Ant) Davidson and Sebastian Beuemi, were the winning drivers for Toyota.

GT Cup for Manufacturers

In the GT Cup for Manufacturers portion of the series, Ferrari won the series over Aston and Porsche. In WEC, the cars and drivers are good and the racing is fierce and close. What more could a fan want? TV coverage for more than just Le Mans and possibly COTA for America PLEASE!!! I know we have the Tudor Sports car series, but why should that preclude having coverage of WEC?

Market Shifts

Gooding & Company AuctionFor the past year the dealers we have contacted have complained bitterly about the difficulty they have finding cars to sell. Nevertheless, 2014 will go down as a very good year for people who are selling classic and vintage cars. Unbelievable! has been attached to the selling price on so many auction cars that it has become the new norm. The key word here is “auctions”. No one dealer or person can make a market. But, auctions by introducing the element of entertainment to the sale of vintage cars have virtually become 21st century’s dealers and by the power of their numbers and their marketing presence, they are definitely influencing market pricing.

Barrett Jackson Auction Company

In the final analysis, dealers and auctions have the same goal, satisfying buyers and sellers. Generally both are looking for a fair price or, hopefully, better. The difficulty for sellers is choosing the market channel that best suits their needs. High prices achieved for spectacular cars and the glitz of huge crowds and TV coverage might appear to give auctions an advantage. They have become a spectator sport. But auctions also have a downside for sellers. Not everyone is selling a rare Ferrari. If your car is a second level or lower car, chances are that it won’t be seen on TV. And likely it won’t be presented in prime time. When the majority of people remaining in the room are car dealers looking for a steal, the seller may be thinking that a respected dealer with a good rolodex has something better to offer. Then again many dealers also use auctions to move their slower moving inventory. So it is an interesting game and as we have mentioned before on these pages, it is not one for the inexperienced. If you are considering buying or selling at an auction, you might also consider using one of the seven auction advisers listed in our MMR Goods & Services Directory.

Bell Chapal HelmetIn the 1950s and ‘60s many famous drivers raced wearing an open faced helmet with a visor and face shield. Bell Helmets and Chapal have teamed up to offer vintage racers a redo. The Helmet below is being offered by Hugh Ruthven of The Finish Line. For those of you in the Chicago area, during December only, you can view The Finish Line products at the corner of Cook and Lake Streets in Barrington IL. Or give them a call at 847-382-3020.

Cars of the 1960s

Jaguar XKE, droptop

The sixties were arguably the golden age of sports and GT cars. Ferrari, Jaguar, Mercedes, Aston, Corvette all delivered models whose desirability may never be matched. When the new Jaguar XKE was introduced in 1961 the motorsports world swooned. I remember them being offered in Canada at around $6K. Ads featuring the coupe in profile became the model for simplicity, beauty, grace, perfection. Someone quoted Enzo Ferrari as saying that the XKE was the most beautiful car ever made. Even if he thought it, it is unlikely he said it. At some point a friend scored a well used press car from Jaguar Canada and we drove it from Montreal to the Canadian Grand Prix at Mosport in Ontario.

Driving it there and back that weekend was about 800 mostly highway miles. It was a cold rainy weekend and by its end the gorgeous green coupe was no longer the object of my affections. The seats were stylish but quite uncomfortable. The wipers didn’t work particularly well but worse of all, the car leaked horribly. If memory serves it was at the top of the windshield. First gear didn’t have a syncro and the lights didn’t seem to work that well at night in the rain. The engine leaked oil.

Jaguar XKE in profile

Jaguar eventually addressed the comfort problems by changing the seats and dropping the floor pan to provide a more comfortable angle of access to the pedals. The newer 4.2 engines were also better. For years the pricing for XKEs languished but no more. That original flat floor design tops the chart in XKE pricing. The desirability of the early XKEs appears to be based on the fact that it is exactly that, an early model. Either way, early XKEs are tough to pin down on price but we have seen them recently offered at well north of $200K. Subsequent models equipped with the 4.2 L engine and a full syncromesh transmission are generally more affordable. Go figure.

This week’s Michael Furman image is of a 1938 Talbot-Lago T-150C SS from his book Curves of Steel.

1938 Talbot-Lago T-150C SS, by Michael Furman

Our Classifieds this week feature Maserati.

Speaking of buying, we encourage readers to support our advertisers. In the coming weeks we will be sharing advertising and buying suggestions from many of our MMR Community supporters.

Have a great weekend.

Peter Bourassa


Iconic XKE Reborn as Eagle E-Type Speedster

Posted on August 4, 2011 Comments (1)

If we all list our five favorite sports cars, somewhere in everyone’s list is the Jaguar XKE. As a design, it was revolutionary, simple, clean and exquisite.

Eagle E-Type Speedster

Eagle E-Type Speedster

As a car, it had its flaws.

For some, the seats were thin and uncomfortable, the wipers worked perfectly on the right hand side, the British side, not so well on the left. The US lights sucked. The maintenance schedule for servicing the 28 greasing points was an onerous “every 1,000 miles”. Rust.

The list of little things goes on. In fairness, with time, Jaguar addressed most of the issues, but by then it wasn’t the same car.

Fast Forward to 2011 and a small company in Britain called Eagle E-Types has introduced a brand new Lightweight E-Type Speedster. Same iconic body style but with current state of the art parts throughout. Handmade and perhaps even more stunning, reportedly for an equally staggering 600,000 Euros.

Jaguar E-Type

Jaguar E-Type

Despite raves about the current offering, Jaguar has never mass produced a more desirable car than the XKE. They own the name and the design, they have the engineering and the parts, they have a dealer network to sell and service it.

Why don’t they build a new first series XKE?

What do you think? And what do you think it should cost?